The global market value of glass packaging is expected to rise from 55.5 billion U.S. dollars in 2022 to approximately 88.3 billion U.S. dollars in 2032.
Glass packaging is a useful and relatively environmentally sustainable alternative to plastic packaging, aside from the fact that it requires more energy to transport due to its higher weight relative to plastic.
Market value of glass packaging worldwide in 2020 and 2022, with a forecast for 2032
(in billion U.S. dollars)
*Forecast based on a CAGR of 4.5 percent during the forecast period 2023-2032.
This statistic has been assembled using more than one edition of the press release.
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Global Market Insights. (November 30, 2022). Market value of glass packaging worldwide in 2020 and 2022, with a forecast for 2032 (in billion U.S. dollars) [Graph]. In Statista. Retrieved October 14, 2024, from https://www.statista.com/statistics/1154217/global-market-size-of-glass-packaging/
Global Market Insights. "Market value of glass packaging worldwide in 2020 and 2022, with a forecast for 2032 (in billion U.S. dollars)." Chart. November 30, 2022. Statista. Accessed October 14, 2024. https://www.statista.com/statistics/1154217/global-market-size-of-glass-packaging/
Global Market Insights. (2022). Market value of glass packaging worldwide in 2020 and 2022, with a forecast for 2032 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: October 14, 2024. https://www.statista.com/statistics/1154217/global-market-size-of-glass-packaging/
Global Market Insights. "Market Value of Glass Packaging Worldwide in 2020 and 2022, with a Forecast for 2032 (in Billion U.S. Dollars)." Statista, Statista Inc., 30 Nov 2022, https://www.statista.com/statistics/1154217/global-market-size-of-glass-packaging/
Global Market Insights, Market value of glass packaging worldwide in 2020 and 2022, with a forecast for 2032 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1154217/global-market-size-of-glass-packaging/ (last visited October 14, 2024)
Market value of glass packaging worldwide in 2020 and 2022, with a forecast for 2032 (in billion U.S. dollars) [Graph], Global Market Insights, November 30, 2022. [Online]. Available: https://www.statista.com/statistics/1154217/global-market-size-of-glass-packaging/